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Income Statement
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STINGER SYSTEMS, INC (STYS)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-08Dec-31-07Dec-31-06Dec-31-05
   10-K10-K10-K10-K
Revenues  668.10.40.50.5
            Revenue growth  179383.7%-18.1%-3.3% 
Cost of goods sold  770.80.50.70.6
Gross profit  -102.7-0.2-0.2-0.1
            Gross margin  -15.4%-43.4%-45.6%-29.6%
Selling, general and administrative   [+]10,727.02.03.83.3
Research and development  245.10.40.71.4
EBITDA   [+]-12,634.2-3.6-5.6-9.8
            EBITDA margin  -1891.2%-980.2%-1240.2%-2079.9%
Depreciation and amortization  0.50.50.50.4
EBIT   [+]-12,634.7-4.2-6.1-10.2
            EBIT margin  -1891.2%-1117.5%-1342.1%-2164.2%
Non-recurring items   [+] 0.50.2 
Interest expense, net   [+]1,978.90.40.0-0.1
Other income (expense), net  -6,847.8-3.2  
Pre-tax income  -21,461.4-8.3-6.3-10.1
Income taxes  0.00.00.00.0
            Tax rate  0.0%0.0%0.0%0.0%
Net income  -21,461.4-8.3-6.3-10.1
            Net margin  -3212.5%-2242.9%-1387.7%-2145.9%
   
Basic EPS   [+]($5,467.82)($2.51)($0.42)($0.67)
Diluted EPS   [+]($5,467.82)($2.51)($0.42)($0.67)
   
Shares outstanding (basic)   [+]3.93.315.015.0
Shares outstanding (diluted)   [+]3.93.315.015.0
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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